Is price discrimination harmful to the economy? How does price discrimination affect the total amount of gains

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Is price discrimination harmful to the economy? How does price discrimination affect the total amount of gains from exchange? Explain. Why do colleges often charge students different prices based on their family income?

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Economics Private And Public Choice

ISBN: 9780357133996

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 17, 2023 10:01 AM

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Is price discrimination harmful to the economy? How does price discrimination affect the total amount of gains

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Price discrimination in and of itself is not inherently harmful to the economy In fact it can serve various economic purposes and has both advantages and disadvantages The effects of price discriminat...View the full answer

Economics Private And Public Choice

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